Sabine Royalty Trust - SBR Stock Forecast, Price & News

Sabine Royalty Trust's stock was trading at $85.45 at the start of the year. Since then, SBR stock has decreased by 16.0% and is now trading at $71.79.
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Sabine Royalty Trust saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 16,300 shares, a decrease of 63.8% from the February 28th total of 45,000 shares. Based on an average daily trading volume, of 97,200 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company's stock are sold short.
View Sabine Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our SBR earnings forecast.

Sabine Royalty Trust (NYSE:SBR) announced its earnings results on Thursday, May, 7th. The energy company reported $0.71 earnings per share for the quarter. The energy company earned $11.31 million during the quarter. Sabine Royalty Trust had a trailing twelve-month return on equity of 952.59% and a net margin of 97.39%.

Sabine Royalty Trust announced a monthly dividend on Friday, March 3rd. Investors of record on Wednesday, March 15th will be paid a dividend of $0.465 per share on Wednesday, March 29th. This represents a $5.58 dividend on an annualized basis and a yield of 7.77%. The ex-dividend date is Tuesday, March 14th.
Read our dividend analysis for SBR.

ETFs with the largest weight of Sabine Royalty Trust (NYSE:SBR) stock in their portfolio include Global SuperDividend US ETF (DIV), Virtus Real Asset Income ETF (VRAI), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).Horizon Kinetics Inflation Beneficiaries ETF (INFL) and

Sabine Royalty Trust (NYSE:SBR) pays an annual dividend of $5.59 per share and currently has a dividend yield of 8.21%. SBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 66.39%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SBR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabine Royalty Trust investors own include AT&T (T), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Energy Transfer (ET), Wells Fargo & Company (WFC), Main Street Capital (MAIN), Pembina Pipeline (PBA), ARMOUR Residential REIT (ARR), Realty Income (O) and Shaw Communications (SJR).

Sabine Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBR."

Sabine Royalty Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (2.10%), Fayez Sarofim & Co (1.38%), Morgan Stanley (0.49%), Chilton Capital Management LLC (0.34%), Bank of America Corp DE (0.31%) and Mraz Amerine & Associates Inc. (0.19%).

Shares of SBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SBR stock can currently be purchased for approximately $71.79.

Sabine Royalty Trust (NYSE:SBR) has a market capitalization of $1.05 billion and generates $125.98 million in revenue each year. The energy company earns $122.69 million in net income (profit) each year or $8.42 on an earnings per share basis.

The company employs 2,020 workers across the globe.

Sabine Royalty Trust's mailing address is PARK PLACE SUITE 850 2911 TURTLE CREEK BOULEVARD, DALLAS TX, 75219. The official website for the company is www.sbr-sabine.com. The energy company can be reached via phone at (855) 588-7839 or via fax at 214-559-7010.